Kalamazoo, MI Surety Bonds

ContactPro Surety Bondimmediately for the among best bond premiums. We specialize in all types of Contract and Construction Bonds including Payment and Performance Bonds, Subdivision and Off Site Bonds, Bid Bonds, License and Permit Bonds, Court Bonds, Fidelity Bonds and all types of Miscellaneous Surety Bonds.There’s No Faster Way To Purchase A Kalamazoo Surety BondWe can tell you whatever you need to know.Call the Kalamazoo Surety Bond Pros at800-314-7003!

The Best Resource On Your Kalamazoo Surety Bond

Call800-314-7003!What is a surety bond? Surety bonds is a way of financially securing an obligation in connection with a contractual agreement. If you collect sales tax for the state, you need to guarantee to the government that you will handle its moneys responsibly and make your appointed deposits on time and according to your agreement with them. In case you don’t though, the it wants a surety bond backing up those funds, something like a security deposit. The surety bond is like a security deposit, except that surety takes over the deposit part if a valid claim is made, and you promise to pay the surety back for the paid claim. Pro Surety Bond has over 25 years of combined industry experience. Call even if you don’t feel comfortable applying for a surety bond since you have bad credit.Call800-314-7003!

Bidding Opportunities in Kalamazoo

If you are bidding on public projects for the City of Kalamazoo you may be required to post a Bid Bond. The Bid Bond guarantees you will be able to provide the Performance Bonds required in the event you are the low bidder. In essence the Bid Bond pre-qualifies you for the work you are bidding on. Not all jobs require bonding but if they do we can assist you with Bid Bonds, and subsequent Performance and Payment Bonds as required by the state. Please call the Contract Bond Team at Pro Surety Bond for more information.

The City Of Kalamazoo, Michigan

Kalamazoo is a city in and the county seat of Kalamazoo County, and it is the 16th largest community in the State of Michigan. Kalamazoo started out as Bronson, but was changed to its current name in 1836. The unusual sounding name comes from the Potawatomi word, though the original pronunciation was more like Kikanamaso or Kikamasung. If you were interested, it means “boiling water” and refers to a native American footrace in which runners had to run to the river and back before a pot of water boiled, or maybe it refers to the fact that boiling water resembles the fog that rolls in off the river. Take your pick.

Kalamazoo has a rich commercial history. It has at one time of another been known for mandolins, paper products, automobile manufacturing, before that horse buggy manufacturing, windmills, and stoves. The mandolin part started out a Gibson mandolin, which would become none other than Gibson Guitar Corporation. They even made a Kalamazoo Melody Maker electric model. Kalamazoo was once called the Paper City because of the abundance of the paper mills in town. Finally, the city was also the headquarters for the Checker motors company, makers of the Checker Cab. Call the Kalamazoo Surety Bond Pros Today at800-314-7003!

What is a subdivision tax bond? Subdivision tax bonds cover a title company or the municipality or county in which taxes are owed, and it guarantees that those taxes will be paid for a specific piece of property for the upcoming tax year. It’s common for the tax bond to cover a larger amount then the previous, accounting for an increase for one reason or another. To get a subdivision tax bond you need to show documentation of the property. If it’s a brand-new property, more documentation might be needed.

Affordable Kalamazoo Surety Bond Available At Your Fingertips

Why do I need a bond if I have to pay the surety back if it has to pay a claim? The surety takes over the responsibility of paying a claim for you, but it doesn’t take responsibility for the claim itself. If it took over responsibility for the claim it would be insurance, and insurance doesn’t cover guarantees, because guarantees fall under the category of things that could be avoided. If you remember that insurance is about transferring risk away from yourself to the insurance company, it might make more sense. Does it make sense to accept transferred risk from something that is (at least in principle) avoidable by the policy purchaser?Give us a call at800-314-7003